Options Contracts Are Different Than Futures Contracts Because

question 38

Multiple Choice

Options contracts are different than futures contracts because

• A) options are not traded on organized exchanges.
• B) options do not create an obligation for the owner of the instrument.
• C) options are derivatives.
• D) options allow exchanges to happen today while futures are only in the future.

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Definitions:

Partial Reinforcement

A conditioning schedule where a response is reinforced only some of the time, which can lead to a stronger and more resistant response.

Continuous Reinforcement

A schedule of reinforcement where every occurrence of the targeted behavior is reinforced, used to teach new behaviors.

Negatively Reinforced

refers to the process of increasing a behavior's occurrence by removing or avoiding a negative consequence or stimulus.

Positively Reinforced

Involves the addition of a stimulus following a behavior that increases the likelihood of the behavior being repeated.